Key Ware Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 03:11 am EST
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Key Ware Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 390.37 million compared to TWD 407.64 million a year ago. Net loss was TWD 9.03 million compared to net income of TWD 17.46 million a year ago. Basic loss per share from continuing operations was TWD 0.0494 compared to basic earnings per share from continuing operations of TWD 0.0989 a year ago. Diluted loss per share from continuing operations was TWD 0.0494 compared to diluted earnings per share from continuing operations of TWD 0.0989 a year ago.
For the nine months, sales was TWD 1,124.62 million compared to TWD 1,175.83 million a year ago. Net loss was TWD 61.78 million compared to net income of TWD 42.91 million a year ago. Basic loss per share from continuing operations was TWD 0.3263 compared to basic earnings per share from continuing operations of TWD 0.2373 a year ago. Diluted loss per share from continuing operations was TWD 0.3263 compared to diluted earnings per share from continuing operations of TWD 0.2373 a year ago.
KEY WARE ELECTRONICS CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of drill bits. The Companyâs primary products include drill bits ranging from 0.075 millimeter to 6.5 millimeters. These products are mainly used in the manufacture of printed circuit boards (PCBs), such as flexible circuit boards, hard single-sided circuit boards, hard double-sided boards, aluminum substrates and integrated circuit boards. The Company is also engaged in the provision of value-added services related to the manufacturing of drill bits. The Company mainly operates through two business segments: drill bits business segment and trading business segment. The Company mainly distributes its products in domestic and overseas markets, including the Americas, Europe and other Asian markets.
KEY WARE ELECTRONICS CO., LTD. 
